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Maxwell Reich m 2 .. ^ $he above estimates ***** of 10$ which it to cover any unf orIenscleuedne sI n&c recaosnet iinngency material «,nd other coat, Our contract will provide. among other thing*| that you deposit the estimated’ oo*t of |6 780 »na in event the actual cost of the work should ho lee* then your deposit, th# Veter Company will refund to you sueh exoesa amount. In the event, however, that the actual oost should exceed the amount of your deposit, you will, audpdoint iroencaeli pcto sotf* hill, reimburse the hater Company for such and supplies adoetluiavle recdo stto ist hem eaJnobt, ttheh e ccoosatt ofof a lalll mlataebroiral employed in connection with the installation of said Water main, the cost of premium# on contractor*s surety bond, Public Liability, property Damage and Contractor*# Oonirao* vtiusrialo nL ainadbi loivetryh eIands,u rance, plus ten percent (lo$) for su^pejv _ ^ Shi Contract will further provide for refund of 33* of the revenues derived from the eale of water to ooiw suners located within the subdivision above referred to, luting service from the lines installed hereunder, during the ten-year period following the completion of the install* atlon or until your cost (exclusive of the cost of the fire whhyidcrhaentv ecro fninercstti ooncscu rasn.d fire hydrants) has been refunded* If the above proposal la satisfactory to you# will you please indicate your acceptance in the trace pro­vided on th® oarbon copy of this letter which is sent to you in durliOtte, and return to me together with your check in the amount of 16 780, Very truly yours, Acting General Manager Accepted thle day of 1952, « ' lelcl'